How energy price move helped boost Alpine's F1 development push

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How energy price move helped boost Alpine's F1 development push
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🗣️'We bought energy early and that saved us millions.' A 'smart' inflation-beating move earlier this year has helped give Alpine the financial headway needed to be aggressive with its F1 developments and hire more staff. Here's how ⬇️

Alpine has revealed that a"smart" inflation-beating move earlier this year helped give it the financial headway needed to be aggressive with its Formula 1 developments and hire more staff.The Enstone-based squad has been relentless in bringing upgrades to its A522 car, which has helped Fernando Alonso and Esteban Ocon score the points to put it fourth in the constructors' championship prior to the summer break.

Predicting that electricity and gas costs were going to shoot through the roof in the wake of the Russian invasion of Ukraine, it pre-bought as much energy as it could, sheltering itself from the increased costs that came through the system later on. Its challenge has been made tougher by the imposition of a cost cap in F1, but Szafnauer says the team is in an encouraging situation because of the way it was operating below the budget limit, helped in no small part by the energy-purchasing strategy it took."We're, I don't want to say significantly under the cost cap, but comfortably under the cost cap," explained Szafnauer.

, following alarm from Alpine's rivals about energy prices forcing them to bust the limits, has helped give his squad more freedoms too.

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